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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Richmond, IN
Listed for sale 4 days ago
$ 190,000
ROI
26.6
Cash Flow/m
360- 4 Bed
- 2 Bath
- 1910 sft
253 SW 2nd St, Richmond, IN, 47374
Listed for sale 5 days ago
$ 124,900
ROI
29.5Cash Flow/m
337- 2 Bed
- 1 Bath
- 884 sft
266 SW 1st St, Richmond, IN, 47374
Listed for sale 5 days ago
$ 134,900
ROI
30.6Cash Flow/m
406- 3 Bed
- 1 Bath
- 1293 sft
631 S 6th St, Richmond, IN, 47374
Currently Rented
Rental Income
Listed for sale 5 days ago
$ 119,900
ROI
31.6Cash Flow/m
395- 4 Bed
- 3 Bath
- 2328 sft
707 W Main St, Richmond, IN, 47374
Why Invest in Richmond, Indiana?
Richmond, Indiana, offers a promising opportunity for investors seeking high rental yields. The area's robust rental market is supported by a steady influx of residents and low vacancy rates, making it an attractive destination for real estate investment. With an average rental yield of 8% and a cap rate of around 10%, investors can expect substantial returns.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$400/mo
Avg. Cash Flow
$800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Richmond, Indiana, is approximately $800, making it affordable for many residents while providing good returns for investors.
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